1763 Shore Acres Blvd NE · St. Petersburg, FL 33703

$255,000

3 bd · 2.0 ba · 1,626 sqft · SingleFamily public records · 60 Days on market

Built 1953 7,436 sqft lot

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Why this score? — see what drove the B- grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +30.0/30.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• ARV discount +7.5/15.0
• Schools +4.3/10.0
• Rent growth +3.1/5.0
• Livability +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks

Under contract-accepting backup offers. Opportunity awaits on this oversized lot with incredible potential. The existing 3-bedroom, 2-bath home experienced flooding during the recent hurricane and is ready for the next owner to bring their vision to life. Renovate the current structure or take advantage of the generous lot size to build new. A rare chance to create your ideal home or investment in a desirable location.

Key facts

• Desirable location
• Oversized lot
• Generous lot size

Tags

• OVERSIZED LOT
• GENEROUS LOT SIZE
• DESIRABLE LOCATION

Property features AI

Finance

• Other:
• Financial info:
• HOA & community: No association indicated

Exterior

• Parking:
• Security:
• Utilities: Public water; Public sewer; Public utilities
• Home design: Single family residence; One story; South facing; Residential property
• Construction: Frame construction; Shingle roof; Crawlspace foundation; Pillar/Post/Pier foundation; Built on a 0.17-acre lot (approx. 75 x 100)
• Exterior features: Front porch; Rear porch; Screened porch; Mature landscaping; Asphalt road access

Interior

• Kitchen: Cooktop; Range; Refrigerator
• Bedrooms: 3 bedrooms
• Flooring: Tile flooring; Wood flooring
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating; Central air conditioning
• Interior features: Electric fireplace; 6 total rooms
• Laundry & utility: Laundry: Other

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $255k.

Deal economics

• At list price, monthly cash flow is $816 ($10k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($4k rent vs $255k).
• Recommended offer: $247k (3.0% below list) — sets the bar for market timing.
• Cap rate 12.1% vs local median 2.6% in St. Petersburg — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads: area grade B — affects rentability + tenant quality, not the cash-flow math above.
• Pinellas (suburban): math 51% / reading 51% proficiency, ranked #31 of 73 in FL (top 42%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Market conditions: Rents rising (+2.2%/yr); 451 active listings in the ZIP; 26 comparable units currently listed for rent nearby; rentals leasing fast (median 4d on market — plan ~1-2 weeks tenant-placement turnaround); solid renter incomes; 2,676 units permitted in Pinellas County in 2024 (1,422 in 5+ unit buildings).
• At $3,822/mo this rent would consume 48% of the median local household income ($95k/yr) (locally 509% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $8k of value loss. Plan a longer hold.
• Pinellas County population projected at +14% by 2050 — modest demand growth; plan on rents tracking national, not racing it.
• At projected returns (-3.0% appreciation + 2.2% rent growth), your $71k cash investment doubles in ~10 years — after that, you're playing with house money.

Negotiation context

• It's been on market 60 days — a 3% lower offer ($247k) is reasonable based on typical stale-listing flexibility.
• 5 sale attempts since 4y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.

Risks & watch-outs

• Watch-outs: flood insurance adds $427/mo; built in 1953 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: in FEMA flood zone AE (mandatory federal flood insurance); severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→29/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $247,350 (3.0% below list)

Questions for the listing agent

1. It's been on market 60 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
2. Built in 1953 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
6. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
7. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 1.50% ✓
• Cap rate: 12.14%
• Cash-on-cash: 20.88%
• DSCR: 1.93
• GRM: 5.6

CMA / ARV

• ARV (on-the-fly): $520,320
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1899 Shore Acres Blvd NE	0.17mi	3/2.0	1,560 (-4%)	0mo	$575,000	$369	85
5116 Venetian Blvd NE	0.23mi	3/2.0	1,703 (+5%)	4mo	$420,000	$247	78
4320 Huntington St NE	0.47mi	3/2.0	1,600 (-2%)	3mo	$475,000	$297	73
5611 Venetian Blvd NE	0.41mi	4/2.0 (+1)	1,671 (+3%)	1mo	$535,000	$320	71
1567 Delaware Ave NE	0.49mi	2/2.0 (-1)	1,575 (-3%)	0mo	$710,000	$451	67
3934 Huntington St NE	0.74mi	3/2.0	1,630 (+0%)	2mo	$255,500	$157	63
1735 Connecticut Ave NE	0.65mi	3/2.0	1,679 (+3%)	4mo	$440,000	$262	61
6000 19th St NE	0.67mi	3/2.0	1,556 (-4%)	2mo	$525,000	$337	60
1481 49th Ave NE	0.47mi	4/2.0 (+1)	1,798 (+11%)	2mo	$1,200,000	$667	53
5254 Venetian Blvd NE	0.29mi	4/3.0 (+1)	1,861 (+14%)	4mo	$360,000	$193	51
4090 14th Ln NE	0.68mi	3/2.0	1,805 (+11%)	4mo	$515,000	$285	46
6001 19th St NE	0.65mi	3/2.0	1,432 (-12%)	4mo	$529,000	$369	46

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 2.21% rent growth · sell at horizon

5-year hold

• IRR: 2.9%
• Equity multiple: 1.11×
• Total profit: $7,956
• Equity at exit: $38,021

10-year hold

• IRR: 11.7%
• Equity multiple: 1.88×
• Total profit: $63,000
• Equity at exit: $22,048

Cash invested: $71,400 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 87 Strongly Landlord-Friendly
• State Florida: 87 Strongly Landlord-Friendly · R+3
• County: — inherits STATE
• City: — inherits STATE

3-day pay-or-quit; preempts local rent control; landlord-friendly statutes. Court speed varies by county.

Methodology + full state rankings →

ZIP-level market 33703

• Rents YoY: 2.2%
• Active inventory: 451
• Price-to-rent: 5.6×

Monthly cashflow live

• Estimated rent: $3,822 high
• Mortgage (P&I): −$1,337
• Tax from tax record: −$334 /mo · $4,002/yr
• Insurance: −$106
• Flood insurance flood zone: −$427 /mo · $5,118/yr
• HOA: −$0
• Vacancy / Maint / Mgmt: −$803
• Net cashflow: $816

Break-even live

Break-even rent $2,789

Max offer price $255,000

Occupancy floor 74%

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $63,750
• Closing costs: $7,650
• Reserves months: —
• Total cash needed: —

Rent comps 26 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
5541 Bayou Grande Blvd NE Saint Petersburg, FL	3.0	2.0	1532	$5,000	$3.26	4d	1	0.33mi
5541 Bayou Grande Blvd NE Saint Petersburg, FL	3.0	2.0	1532	$5,000	$3.26	2d	1	0.33mi
5510 Bayou Grande Blvd NE Saint Petersburg, FL	3.0	2.0	1232	$2,750	$2.23	16d	1	0.35mi
1739 Bayou Grande Blvd NE St Petersburg, FL	3.0	2.0	1658	$5,500	$3.32	4d	1	0.37mi
1733 Bayou Grande Blvd NE Saint Petersburg, FL	2.0	1.0	1735	$4,750	$2.74	24d	1	0.37mi
4480 Overlook Dr NE #17 Saint Petersburg, FL	2.0	2.0	1145	$2,250	$1.97	20d	1	0.46mi
4227 Helena St NE Saint Petersburg, FL	2.0	1.0	1134	$3,200	$2.82	4d	1	0.54mi
5840 Tanglewood Dr NE Saint Petersburg, FL	4.0	3.0	1680	$3,150	$1.88	4d	1	0.56mi
5923 19th St NE Saint Petersburg, FL	3.0	2.0	1336	$3,500	$2.62	4d	1	0.61mi
6060 Denver St NE Saint Petersburg, FL	3.0	2.0	1523	$3,950	$2.59	4d	1	0.66mi
4026 Indianapolis St NE Saint Petersburg, FL	3.0	2.0	1364	$3,200	$2.35	4d	1	0.69mi
6016 18th St NE Saint Petersburg, FL	4.0	2.0	1692	$3,900	$2.30	4d	1	0.69mi
4036 Overlook Dr NE Saint Petersburg, FL	3.0	2.0	1412	$2,645	$1.87	14d	1	0.70mi
4095 14th St NE Saint Petersburg, FL	2.0	2.0	1791	$3,795	$2.12	4d	1	0.75mi
4165 13th Ln NE Saint Petersburg, FL	2.0	2.0	1438	$4,700	$3.27	4d	1	0.77mi
3901 Helena St NE Saint Petersburg, FL	3.0	2.0	1195	$2,590	$2.17	14d	1	0.79mi
1524 Arizona Ave NE Saint Petersburg, FL	3.0	2.0	1092	$2,800	$2.56	4d	1	0.87mi
3727 Overlook Dr NE Saint Petersburg, FL	3.0	2.0	1124	$2,750	$2.45	24d	1	0.91mi
3435 Overlook Dr NE Saint Petersburg, FL	3.0	2.5	1428	$3,800	$2.66	4d	1	1.04mi
1640 Cape Hope Ave NE #4 Saint Petersburg, FL	4.0	3.0	1610	$3,400	$2.11	24d	1	1.08mi
1515 Eden Isle Blvd NE Saint Petersburg, FL	1.0–3.0	1.0–2.0	918	$2,919	$3.18	3d	26	1.09mi
1325 Snell Isle Blvd NE #507 Saint Petersburg, FL	3.0	3.0	1940	$6,700	$3.45	4d	1	1.27mi
742 45th Ave NE Saint Petersburg, FL	3.0	3.0	1900	$5,200	$2.74	4d	1	1.32mi
617 Segovia Ct NE Saint Petersburg, FL	2.0	2.5	1420	$2,950	$2.08	24d	1	1.35mi
525 Moreno Cir NE Saint Petersburg, FL	3.0	2.0	1587	$3,500	$2.21	14d	1	1.36mi
4843 Napoli Ct NE Saint Petersburg, FL	2.0	2.5	1210	$3,200	$2.64	4d	1	1.44mi

Listing history 19 events

1. 2026-06-07
   remarks 422-char remark
2. 2026-06-07
   status $255,000 Pending 60 DOM
3. 2026-06-04
   days on market $255,000 Active 60 DOM
4. 2026-06-03
   days on market $255,000 Active 59 DOM
5. 2026-06-01
   days on market $255,000 Active 57 DOM
6. 2026-05-31
   days on market $255,000 Active 56 DOM
7. 2026-04-29
   status Active
8. 2026-04-09
   status Pending
9. 2026-03-16
   listed $255,000 Active
10. 2026-01-20
    listed $5,000 Active
11. 2025-08-21
    historical
12. 2025-03-14
    listed $320,000 Active
13. 2022-04-26
    soldstatus $475,000
14. 2022-04-25
    soldstatus $475,000 Closed
15. 2022-03-16
    status Pending
16. 2022-03-03
    listed $550,000 Active
17. 2000-01-19
    soldstatus $74,900
18. 1992-01-02
    soldstatus $55,000
19. 1991-04-17
    soldstatus $51,400

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast FL · Resets to sale price

• Current annual tax: $4,002 · $334/mo
• Projected year-2 tax: $4,002 · $334/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 10/10 Extreme FEMA zone AE · 99% chance over 30 yrs
• 🔥 Wildfire 3/10 Moderate
• 🌡 Heat 10/10 Extreme 7 d/yr ≥106°F today · 29 d/yr by 30 yrs out
• 💨 Wind 10/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 3/10 Moderate 2 unhealthy d/yr today · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $45,865
• − Mortgage interest: −$14,284
• − Property taxes: −$4,002
• − Insurance: −$6,394
• − Repairs & maintenance: −$3,669
• − Management: −$3,669
• − Depreciation: −$7,418
• Taxable income: $6,428
• Est. tax owed @ 24.0%: −$1,543
• After-tax cash flow: $8,247/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Pinellas
• NCES district ID: 1201560
• Math proficiency: 51% ▼ -5.00%
• Reading proficiency: 51% ▼ -3.00%
• Median HH income: $46,270
• Composite: 43.27/100
• National rank: #3046
• State rank: #31 of 73 in FL

Livability — St. Petersburg

No livability data for this city. (Only ~50 U.S. cities are tracked.)

Census & demographics

• Census place: St. Petersburg, FL
• County: Pinellas County · 939,478 people
• City population: 249,151
• Metro: Tampa-St. Petersburg-Clearwater, FL
• Population (ZIP): 25,264
• Household income: $95,224
• Rent vs Own: 19.1% rent · 80.9% own
• Severe rent burden: 509.0

Population outlook (Pinellas County) Hauer SSP2

• Today (2025): 1,027,532 people
• By 2030: 1,063,586 · +3.5%
• By 2040: 1,125,020 · +9.5%
• By 2050: 1,168,637 · +13.7%
• By 2075: 1,265,188 · +23.1%
• By 2100: 1,260,357 · +22.7%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (76%)
• Race & ethnicity: White 76% Hispanic / Latino 10% Two or more races 10% Black 5% Asian 4%
• Hispanic origin (detail): Mexican 1% Puerto Rican 2% Cuban 2%
• Common ancestry: Lithuanian 4% Romanian 3% Italian 2%
• Foreign-born: 9% · Canada, Vietnam
• Languages at home: 87% English-only · Spanish 6% Russian/Polish/Slavic 2% Other Indo-European 1%

Political lean MEDSL · Pinellas

• 2024 margin: Lean R (+5.2) · D 46.9% · R 52.1%
• 2008→2024 swing: -13.5pp toward R · 2008: 8.3pp · 2024: -5.2pp
• All cycles: 2024: R+5.2 2020: D+0.2 2016: R+1.1 2012: D+5.6 2008: D+8.3

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -617.95%
• Current HPI: 352.2886
• Rent YoY: ▲ 2.21%
• Metro: Tampa-St. Petersburg-Clearwater, FL
• State GDP YoY: ▲ 3.28%
• F500 in state: 36

Industry mix (Fortune 500 HQ in FL)

Industry	F500 HQs	Revenue
▸Industrial Technology	2	$29B
▸Insurance	2	$17B
▸Retail	1	$60B
▸Technology Distribution	1	$58B
▸Homebuilding	1	$35B
▸Technology Manufacturing	1	$35B

Price history

+396.1% since first listed

13 events — show timeline

• 2026-04-29 Relisted — Stellar MLS as Distributed by MLS Grid
• 2026-04-09 Pending — Stellar MLS as Distributed by MLS Grid
• 2026-03-16 Listed $255,000 Stellar MLS as Distributed by MLS Grid
• 2026-01-20 Listed $5,000 NFMLS
• 2025-08-21 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2025-03-14 Listed $320,000 Stellar MLS as Distributed by MLS Grid
• 2022-04-26 Sold (Public Records) $475,000 Public Records
• 2022-04-25 Sold (MLS) $475,000 Stellar MLS as Distributed by MLS Grid
• 2022-03-16 Pending — Stellar MLS as Distributed by MLS Grid
• 2022-03-03 Listed $550,000 Stellar MLS as Distributed by MLS Grid
• 2000-01-19 Sold (Public Records) $74,900 Public Records
• 1992-01-02 Sold (Public Records) $55,000 Public Records
• 1991-04-17 Sold (Public Records) $51,400 Public Records

Property tax history

+5.0%/yr

Latest (2025): $4,002 · -36.3% YoY. Source: county tax records.